Business

Apr
08
2025
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By Abia ThinkTank
U.S Slams Nigeria’s Import Ban On 25 Products Amid Rising Global Trade Tensions

U.S Slams Nigeria’s Import Ban On 25 Products Amid Rising Global Trade Tensions

Business, Economy, Foreign Affairs, News Flash, World News
U.S. Slams Nigeria’s Import Bans On 25 Products Amid Rising Global Trade Tensions The United States Trade Representative (USTR) has faulted Nigeria’s import ban on 25 items, saying the restrictions limit market access for American exporters. This comes almost a week after President Donald Trump announced sweeping tariffs on goods entering the US, with Nigeria getting 14 percent. In a post on X on Monday, the USTR highlighted what it described as “unfair trade practices faced by American exporters”. “Nigeria’s import ban on 25 different product categories impacts U.S. exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods,” the agency…
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Apr
03
2025
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By Abia ThinkTank
Our Doors Are Always Open To Receive ICAN, Governor Otti Assures

Our Doors Are Always Open To Receive ICAN, Governor Otti Assures

Abia State, Business, Economy, Education, News Flash
OUR DOORS ARE ALWAYS OPEN TO RECEIVE ICAN, GOVERNOR OTTI ASSURES. Abia State Governor, Dr Alex Otti says his Government is always ready to open its doors for members of the Institute of Chartered Accountants of Nigeria (ICAN). Governor Otti stated this Wednesday, in Umuahia during a banquet he organised for members of the Institute of Chartered Accountants of Nigeria who were in the State for their Eastern Zonal Conference. The Governor, represented by his Deputy, His Excellency, Engr. Ikechukwu Emetu, thanked the Abia born President of the institute, Chief Davidson Alaribe and his colleagues for choosing Abia State for…
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Apr
01
2025
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By Abia ThinkTank
Filling Stations Hike Petrol Price Amid Dangote-NNPCL Crude Dispute

Filling Stations Hike Petrol Price Amid Dangote-NNPCL Crude Dispute

News Flash, Business, Oil & Gas
Filling Stations Hike Petrol Price Amid Dangote-NNPCL Crude Dispute Filling stations in Lagos, Nigeria’s commercial capital city, have increased the price of a litre of petrol from ₦860 to ₦930, making consumers pay at least ₦70 more than what it used to cost them to buy a litre of the premium commodity days ago. The price increase has also become effective in parts of the country like Abuja and major northern cities with oil outlets now selling a litre of petrol between ₦950 to ₦970, depending on the filling stations. This represented a sharp increase of about ₦70 to ₦90…
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Mar
30
2025
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By Abia ThinkTank
Enugu Air Will Boost Connectivity, Economy, Job Opportunities – Airport Manager

Enugu Air Will Boost Connectivity, Economy, Job Opportunities – Airport Manager

Business, Interviews, News Flash, South East, Transportation
Enugu Air will boost connectivity, economy, job opportunities – Airport Manager One of the aircraft of the newly established Enugu Air shortly after landing at Akanu Ibiam International Airport, Enugu, Enugu State The Regional Manager, South East Airports and Manager of Akanu Ibiam International Airport (AIIA), FederalAirportsAuthorityofNigeria (FAAN), Hilary Umunna has said the newly established Enugu Air is expected to significantly boost passengers traffic, increase revenue generation for both the Federal and State and create job opportunities within the aviation ecosystem. The first batch of the airline’s fleet was received at the airport on Friday, March 28, 2025 “The new…
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Mar
28
2025
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By Abia ThinkTank
The New Architects Of Change: How Abia’s Young Visionaries Are Redefining NGO Impact Through Technology And Collaboration – By Dr. Chukwuemeka Ifegwu Eke

The New Architects Of Change: How Abia’s Young Visionaries Are Redefining NGO Impact Through Technology And Collaboration – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Youths
The New Architects of Change: How Abia's Young Visionaries Are Redefining NGO Impact Through Technology and Collaboration#YouthInnovation #NextGenLeadership In the dynamic socio-political landscape of Abia State, youth-led non-governmental organizations (NGOs) have emerged as pivotal actors in driving grassroots development and fostering civic engagement, particularly in the post-1999 democratic era. Historically, Abia’s youth have been instrumental in advocating for social justice, educational reform, and economic empowerment, but the proliferation of internet technologies since the early 21st century has catalyzed a transformative shift in their operational methodologies. Organizations such as the Abia Youth Initiative for Sustainable Development (AYISD), founded in 2012, and…
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Mar
25
2025
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By Abia ThinkTank
Weekly Market Surveillance Report: Consumer And Non-Consumer Price Trends In ABA, Umuahia And Ohafia – By Dr. Chukwuemeka Ifegwu Eke

Weekly Market Surveillance Report: Consumer And Non-Consumer Price Trends In ABA, Umuahia And Ohafia – By Dr. Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Economy, Good Governance
Weekly Market Surveillance Report: Consumer and Non-Consumer Price Trends in Aba, Umuahia, and Ohafia IntroductionOver the past week, a detailed surveillance of market price trends was conducted across Aba, Umuahia, and Ohafia to assess fluctuations in both consumer goods (e.g., food, electronics) and non-consumer items (e.g., construction materials, agricultural tools). The exercise aimed to identify regional disparities, seasonal influences, and policy impacts. Data was gathered through field surveys, vendor interviews, and cross-referenced with trade associations and local government bulletins. Stakeholders, including traders, farmers, and officials, shared insights on recent developments, with many acknowledging Governor Alex Otti’s interventions in addressing infrastructural…
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Mar
25
2025
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By Abia ThinkTank
Gov. Otti Plans To Revitalize Ogwe Golden Chicken, Welcomes Investment Offer From An Israeli Livestock Company

Gov. Otti Plans To Revitalize Ogwe Golden Chicken, Welcomes Investment Offer From An Israeli Livestock Company

Abia State, Agriculture, Business, Economy, Good Governance
GOV. OTTI PLANS TO REVITALIZE OGWE GOLDEN CHICKEN, WELCOMES INVESTMENT OFFER FROM AN ISRAELI LIVESTOCK COMPANY. Abia state Governor, Dr. Alex Otti, OFR, says his administration is advancing plans to revitalize the moribund Ogwe Golden Chicken for the economic development of the State. Governor Otti disclosed this while receiving in audience a delegation of an Israeli - Agro business Investment Company, AgroTop Isreal led by the Business Development Manager, Mr. Ofer Zuntz and their development partners from Max Agro Farm. The Governor while noting that his administration is undertaking the resuscitation of similar moribund State's investments abandoned by previous administrations…
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Mar
23
2025
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By Abia ThinkTank
Petrol Marketers May Sell In Dollars If Naira-For-Crude Deal Fails – IPMAN

Petrol Marketers May Sell In Dollars If Naira-For-Crude Deal Fails – IPMAN

Business, News Flash, Oil & Gas
Petrol Marketers May Sell In Dollars If Naira-For-Crude Deal Fails – IPMAN The National Publicity Secretary of the Independent Petroleum Marketers of Nigeria (IPMAN) Chinedu Ukadike has said that petrol marketers may be forced to retail petroleum products in dollars following the decision of the Dangote Petroleum Refinery to end the sale of petroleum products in Naira and sell in the dollar. This follows the expiration of the first phase of the Naira-for-Crude arrangement between the federal government and local refineries, including Dangote. In a telephone interview with Nairametrics, Ukadike said he was shocked by the announcement by the Dangote…
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Mar
23
2025
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By Abia ThinkTank
A Critical Examination Of First Bank Of Nigeria’s Rebuttal In The Agbai Eke Allegations: Trust, Protocol, And Institutional Accountability – By Dr. Chukwuemeka Ifegwu Eke

A Critical Examination Of First Bank Of Nigeria’s Rebuttal In The Agbai Eke Allegations: Trust, Protocol, And Institutional Accountability – By Dr. Chukwuemeka Ifegwu Eke

Business, CBN/Commercial Banking, Columns/Opinions/Letters, Economy
A Critical Examination of First Bank of Nigeria’s Rebuttal in the Agbai Eke Allegations: Trust, Protocol, and Institutional Accountability The edifice of banking, an institution predicated on the inviolable sanctity of trust, stands imperiled when its custodians appear cavalier in their stewardship. The recent imbroglio involving First Bank of Nigeria and Dr. Agbai Eke, who alleges a staggering N550 million fraud, has ignited public consternation, casting a pall over the institution’s venerable legacy. The bank’s terse dismissal of these claims as “baseless” and “unfounded” demands rigorous scrutiny, not merely for its legal implications but for the profound existential questions it…
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Mar
21
2025
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By Abia ThinkTank
Gov. Otti Invites Sinoma Company To Establish Its Factory In ABIA, Says ABIA State Is Willing To Partner With Investors

Gov. Otti Invites Sinoma Company To Establish Its Factory In ABIA, Says ABIA State Is Willing To Partner With Investors

Abia State, Business, Economy, Good Governance
GOV. OTTI INVITES SINOMA COMPANY TO ESTABLISH ITS FACTORY IN ABIA, SAYS ABIA STATE IS WILLING TO PARTNER WITH INVESTORS. Abia State Governor, Dr. Alex Otti has invited the SINOMA Materials Company Nigeria Limited to establish its factory in Abia State saying that the State will be happy to partner the company in that regard. Governor Otti was speaking during a business meeting he held with a delegation from Sinoma Materials Company Nigeria Limited led by its Chairman, Mr. Zhang Hui. He said that the presence of SINOMA Materials Company Nigeria Limited in Abia State would create job to the…
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